{"id":20089,"date":"2023-07-19T15:51:50","date_gmt":"2023-07-19T15:51:50","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/crypto\/bitcoin-mining-is-becoming-more-environmentally-friendly\/"},"modified":"2023-07-19T15:51:53","modified_gmt":"2023-07-19T15:51:53","slug":"bitcoin-mining-is-becoming-more-environmentally-friendly","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/crypto\/bitcoin-mining-is-becoming-more-environmentally-friendly\/","title":{"rendered":"Bitcoin mining is becoming more environmentally friendly"},"content":{"rendered":"
Bitcoin (BTC) mining\u2019s environmental impact has always been a controversial topic. On the one hand, critics emphasize that securing the Bitcoin network takes more power than some whole countries\u2019 annual electricity consumption. On the other hand, much of the crypto community argues that it is a necessary activity that has enabled the Bitcoin blockchain to remain extremely resilient against external attacks with an almost 99.99% uptime throughout over 14 years of its history.<\/p>\n
However, recent developments in the market have provided an opportunity for participants to make Bitcoin mining finally sustainable.<\/p>\n
Before going over the benefits themselves, it\u2019s essential to first get some facts straight about Bitcoin mining. With comparisons to nations\u2019 energy consumption and estimates\u00a0that a single BTC transaction has a carbon footprint of nearly 820,000 Visa transactions, it should be highlighted that this activity doesn\u2019t actually produce any emissions.<\/p>\n